Cotton Futures Fall to One-Year Low

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Julie Wernau Cotton prices slumped to end at a one-year low Monday with China, the world's second-largest cotton importer, and most of southeast Asia on holiday. Cotton for March delivery dropped 0.6% to 59.60 cents a pound on the ...

Variable Annuities Face New Test From the Government

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Anna Prior Variable annuities--which are controversial but widely used for retirement saving--are about to face one of their stiffest tests thanks to a Labor Department proposal. The proposed rule, expected to be finalized as soon as next month, would ...

Australian Business Conditions Resilient in January

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By James Glynn SYDNEY--Australian business conditions weakened slightly in January, but remained resilient overall in the face of sharp declines in global share prices and commodity markets. The National Australia Bank's index of business conditions fell to a net balance ...

Chesapeake Woes Rattle Pipeline Partners

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

(FROM THE WALL STREET JOURNAL 2/9/16) By Timothy Puko, Alison Sider and Erin Ailworth Three big U.S. energy companies pulled each other into a spiraling stock plunge on Monday that illustrates how one distressed shale producer can threaten its business ...

U.S. Grains, Soybeans Decline As Oil Slides -- Update

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Jesse Newman CHICAGO--U.S. grain and soybean prices slid to multiweek lows on Monday amid ongoing turmoil in world financial markets and tumbling oil prices. Wheat prices dropped to a five-week low, pressured in part by falling world stocks and ...

German Industrial Production and Exports Drop in December

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Nina Adam FRANKFURT--German industrial production dropped unexpectedly in December and exports were also down from November, a sign that Europe's largest economy ended 2015 on a weak note. Industrial production, adjusted for seasonal swings and calendar effects, fell 1.2% ...

Yen Soars Against Rivals as Risk Aversion Deepens

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Hiroyuki Kachi The yen soared against its rivals in choppy Asia trade Tuesday, as risk aversion deepened and investors fled riskier assets to the perceived safety of the Japanese currency. The greenback tumbled to Y114.20, its lowest level since ...

Asian Rubber Futures End Lower as Japan Shares Fall

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Lucy Craymer Tokyo rubber prices continued to move lower after the Japanese stock market declined more than 5% and the yield on the benchmark government bond entered negative territory for the first time. The benchmark Nikkei Stock Average closed ...

French State Budget Deficit Narrows in 2015 to EUR70.5 Billion

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Nick Kostov PARIS--France's state budget deficit narrowed in 2015 as spending fell and tax revenues rose, the budget ministry said Tuesday. The deficit fell to 70.5 billion euros ($78.9 billion) at the end of December from EUR85.6 billion a ...

White House Proposes New Cybersecurity Plan

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Damian Paletta WASHINGTON--White House officials plan to enact a range of initiatives this year that they believe will strengthen computer networks against cyberattacks, but part of the proposal--a big increase in federal spending--could hit a wall because it relies ...

Oil Prices Rise Amid Uncertainty on Output Cuts

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Biman Mukherji Oil prices rose in Asia on Tuesday, despite receding hopes of a coordinated production cut between major oil producers. A Sunday meeting between Saudi Arabia and Venezuela ended without any plans for production cuts, damaging hopes that ...

Asia-Pacific Stocks Fall in Early Trading

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

Stock markets in the Asia-Pacific region were down after concerns about the health of banking and energy companies led to selloffs overnight. Japan's benchmark Nikkei Stock Average was recently down 3.8%, relinquishing all the gains it made on Monday. Australia's ...

Japan Markets Shaken as Investors Seek Shelter

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

TOKYO? Japanese stocks fell more than 5% and the yield on the benchmark government bond dropped into negative territory for the first time, twin signs of a flight to safety that threatened to undermine the nation's slow recovery under Prime ...

Australia Eyes Privatization of Public Health and Welfare Payments

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Rob Taylor CANBERRA, Australia--Australia's government is considering a multibillion-dollar privatization of public health and welfare payments, as conservatives look for new ways to refill budget coffers emptied by an economic slowdown and collapsing prices of the country's resource exports. ...

Fox Revenue Falls as Film Declines Offset Higher TV Ad Revenue

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Keach Hagey and Tess Stynes 21st Century Fox Inc. lowered its fiscal year earnings guidance on Monday, citing a disappointing film slate and a greater-than-expected hit from foreign currency fluctuations. The reduced outlook was disclosed along with a drop ...

Greek Prime Minister Visits Tehran

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

Greek Prime Minister Alexis Tsipras on Monday became the first Western leader to visit Iran since the lifting of trade sanctions against the Middle Eastern nation, as Greece aims to become a conduit between the European Union and Tehran. "Greece ...

Australia Eyes Privatization of Public Health and Welfare Payments

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

CANBERRA, Australia?Australia's government is considering a multibillion-dollar privatization of public health and welfare payments, as conservatives look for new ways to refill budget coffers emptied by an economic slowdown and collapsing prices of the country's resource exports. In a move ...

UK Dec Trade Deficit Narrows But Exports Remain Depressed

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Jon Sindreu and Jason Douglas LONDON--Britain's trade deficit narrowed in December, but official data confirmed weak exports were still a drag on economic growth during the final quarter of 2015. The difference in value between U.K. imports and exports ...